Adani Energy to acquire smart meter firm IntelliSmart

Adani Energy to acquire smart meter firm IntelliSmart — Adani Energy Solutions is acquiring IntelliSmart, a leading smart meter player, boosting its smart grid footprint. The deal strengthens Adani’s position in India’s growing smart metering sector, expected to expand at 18% CAGR. Details of the transaction value were not disclosed.

📊 STOCKS: ADANIENERG | 🏢 SECTOR: Energy | #HIGHIMPACT #Acquisition